ETF · Amundi
AEMH Amundi USD Emerging Markets Government Bond hs -UCITS ETF GBP Hedged- Capitalisation
ISIN LU3307281595London Stock Exchange: AEMHSAS Rue la Boétie
- Government bonds
- ETF
- ISA
- SIPP
- Accumulating
- Currency hedged
Latest close
LSE£4.85
on
- Ongoing charge
- 0.45% a year
- Fund size
- £2.2m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, AEMH (Amundi USD Emerging Markets Government Bond hs -UCITS ETF GBP Hedged- Capitalisation, ISIN LU3307281595) closed at £4.85 on the London Stock Exchange. Its ongoing charge is 0.45% a year (about £45 on £10,000).
Charges compared with similar funds
- Ongoing charge
- 0.45%
- a year
- On £10,000
- £45
- a year, roughly
- Over five years
- £223
- of £10,000, before growth
- 258 charge less
- 1 the same
- 15 charge more
Ongoing charge of Amundi USD Emerging Markets Government Bond hs -UCITS ETF GBP Hedged- Capitalisation 0.45% a year, as of 01/10/2026: 15 of the 274 other government bond funds charge more, 1 the same and 258 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Amundi USD Emerging Markets Government Bond hs -UCITS ETF GBP Hedged- Capitalisation is an exchange-traded fund (ETF) from Amundi, launched in 2026.
It tracks the J.P. Morgan EMBI Global Diversified Select Index - USD - Benchmark TR Gross.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.45% a year — about £45 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- AEMH
- ISIN
- LU3307281595
- Provider
- Amundi
- Tracks
- J.P. Morgan EMBI Global Diversified Select Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.45% a year · about £45 on £10,000
- Fund size
- £2.2m
- Launched
- Domicile
- Luxembourg
- Can be held in
- ISA and SIPP
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Since 30/07/2026, the closing price went from £4.98 on 30/07/2026 to £4.85 on 30/09/2026 (−2.7%). The lowest close shown was £4.85 on 30/09/2026 and the highest £4.98 on 30/07/2026.
Chart: closing prices we have recorded since 30/07/2026.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
4 weekly closes, from 30/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | ARGENTINE 4.125% 09Jul35 | 1.24% |
| 2 | ARGENTINE 5% 09Jan38 | 0.74% |
| 3 | REPUBLIC OF E 6.9% 31Jul35 | 0.73% |
| 4 | ARGENTINE 0.75% 09Jul30 | 0.72% |
| 5 | ARGENTINE 3.5% 09Jul41 | 0.61% |
| 6 | EAGLE FUNDING 5.5% 17Aug30 | 0.60% |
| 7 | GHANA GOVERNM 5% 03Jul35 | 0.54% |
| 8 | URUGUAY 5.1% 18Jun50 | 0.48% |
| 9 | FEDERATIVE RE 6.625% 15Mar35 | 0.41% |
| 10 | DOMINICAN REP 4.875% 23Sep32 | 0.40% |
Source: Amundi, holdings as published, as of , company pages by TradingView
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.
By sector
- Government89.0%
- Energy5.5%
- Financials2.4%
- Materials1.8%
- Utilities0.8%
- Industrials0.3%
- Consumer Discretionary0.1%
By country
- Saudi Arabia7.1%
- Mexico6.9%
- Turkey5.3%
- Indonesia4.8%
- Brazil4.2%
- Poland3.9%
- Philippines3.8%
- Dominican Republic3.7%
- Other countries60.3%
588 holdings are listed for this fund. All 588 holdings of AEMH, with the full split by sector, country and type of asset.
More of the portfolio
The fund publishes 588 holdings; the ten largest make up 6.5% of it. The fund's portfolio is also split by currency, maturity and credit quality.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
2 funds track J.P. Morgan EMBI Global Diversified Select Index - USD - Benchmark TR Gross, this one included and share classes counted once; their ongoing charges range from 0.30% to 0.45% a year (30/09/2026).
| Fund | 1 year | 5 years |
|---|---|---|
| Amundi Index Solutions - USD Emerging Markets Government BondDistributing · 0.30% a year | +2.1% | +3.5% |
| Amundi USD Emerging Markets Government Bond hs -UCITS ETF GBP Hedged- CapitalisationThis fundAccumulating · Currency hedged · 0.45% a year | Not reported | Not reported |
Source: TradingView reported returns and fund ongoing charges, as of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Questions people ask
What is the ongoing charge of AEMH?
The ongoing charge of AEMH is 0.45% a year — about £45 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Amundi USD Emerging Markets Government Bond hs -UCITS ETF GBP Hedged- Capitalisation 0.45% a year, as of 01/10/2026: 15 of the 274 other government bond funds charge more, 1 the same and 258 less (share classes counted once).
What does AEMH track?
AEMH tracks the J.P. Morgan EMBI Global Diversified Select Index - USD - Benchmark TR Gross.
Is AEMH accumulating or distributing?
AEMH is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of AEMH?
The ISIN of AEMH is LU3307281595. An ISIN identifies one exact share class of a fund; AEMH is its ticker on the London Stock Exchange.
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Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Charges
- The fund’s ongoing charges figure, via TradingView
- Holdings
- Amundi, as published,
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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